BOW 0.00% $1.52 bow energy limited

10-17m3 gas content but what about dewatering?, page-22

  1. 13,989 Posts.
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    Comline,

    I also thank you for your input and welcome your posting, however I pretty much share SF's other thoughts as well.

    As I've previously said I have no geological knowledge whatsoever. I will say however that when I first started looking at csg about 5 years ago water seemed one of the most formidable challenges. I have however taken solace in the extent to which it has been managed since - not dismissing it.

    As a non-geologist I find have have to put weighting on things like:
    - similarity to nearby operations
    - directors/management background and credibility
    - smart money buying - eg an insider like Mather at $1.08
    - you are apparently holding despite these concerns

    For me it is not a question of whether they have water recharge challenges, it is whether the whole box full of risks and opportunities measures up holistically.

    EL
 
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